Home' The Channel Magazine : National Newsagent May 2015 Contents 34 National Newsagent - May 2015 - Celebrating 25 Years
Beautiful accounting software
Xero Set Up and Training
Self Managed Super Funds
Aged Care Advice
With offices in Melbourne and Tasmania
P: 1300 361 346 E: email@example.com
Congratulations National Newsagent for 25 years of supporting the
newsagents throughout Australia. A big Happy Birthday from us at
How many of you can remember what you were doing 25 years ago?
What were you watching? What were you driving? Here are some
25 years ago
Scott and Charlene were married (all you Neighbours fans)
Prince Charles narrowly avoided death while skiing
Professor Stephen Hawking’s A Brief History of Time was first
Ben Johnson was stripped of his 100m final medal
Cliff Richards’ Mistletoe and Wine kept Kylie and Jason’s
Especially for You off the Christmas number one slot
We put red noses on for the first time
We met the Simpsons
Rain Man picked up four Oscars
The first Clean Up Australia event was run
First connection to the internet
During the last 25 years we saw:
First colour photograph on the front of the New York Times
The introduction of GST and the abolition of sales tax in
The commencement of Super Guarantee
The start of the Medicare Levy Surcharge
Probably the biggest change we can all relate to over the last
25 years is technological change. It is in our homes, in our cars,
surrounds our children and is in our businesses. Business owners
who embrace technological change will position their business for
growth and longevity. It’s a form of moving with the times and it
keeps your business relevant and competitive. Forerunners who
embrace technology will also attract customers.
Who would go back to manual cashbooks? I cringe at the thought.
The modern computer age has revolutionised bookkeeping and
general record keeping. The introduction of the bar code has
simplified stock control and scanners and smart software has made
data capture so much easier.
At Paragon we use Xero Accounting software with all of our clients
and that introduction to cloud technology has given all of our clients
the following benefits:
Reduced cost of hardware
Increased mobility and freedom
Significantly decreased error rate and data entry time taken
Increased accuracy and most importantly
The ability to use their accountant as an adviser and not a
glorified highly paid bookkeeper.
The cloud is the next platform in the technology journey and just as
some approached the move to Windows in a timid way, some are
approaching the cloud timidly. Be bold, embrace this new technology.
If you have been using internet banking then you have already
dabbled in cloud technology. It is the way of the future and it will
help to improve your business life. Let me come back to the use of
your adviser. Pre Xero Accounting software and cloud technology we
would be handed a memory stick with a data file on it. That data file
was out of date as soon as our client arrived back at the office and
made a change or addition to their file. Nevertheless it was accurate
in relation to the previous year which was all we cared about as that
was the work we were commissioned to do. We would see our clients
six, nine or more months after the year had ended and go through
with them how they went and pat ourselves on the back for pointing
out the patterns or trends that were forming that needed to change.
Six or nine months or more into the next year! Possibly only three
months from the end of another year which we would not be aware
of for another 12 months. It is not surprising that our advice was out of
date and often not useful.
Now when we see a client we may still be six or nine months after
the end of the financial year but we have access to the current data
as well as last year’s data because we are on the cloud and we are
all using the one data file. We prepare the end of year reports in the
same data file that the client has recorded their data. When we meet
we can give the same spiel about last year but we have been privy
to this year so far as well and so we can discuss current trends and
potential problems to be addressed or successes to be encouraged
in a timely manner. We as advisers have become so much more
valuable to our clients because we have current information and that
is one big thing that technology and the cloud is providing with ease.
Xero is experts in cloud solutions and would love to help you on your
journey into the cloud.
In closing, I read an article recently that suggested in the next 25
years we will not go to a physical place of work but merely attend as
a hologram!! Now that’s going too far! Or is it?
By Karen Gambles
25 years ago there was no cloud...
Links Archive National Newsagent April 2015 National Newsagent June 2015 Navigation Previous Page Next Page